Neal Howard Strum Sells 1,702 Shares of Public Policy (NASDAQ:PPHC) Stock

Public Policy Holding Company, Inc. (NASDAQ:PPHC) insider Neal Howard Strum sold 1,702 shares of the business’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $10.94, for a total transaction of $18,619.88. Following the completion of the transaction, the insider owned 106,192 shares of the company’s stock, valued at approximately $1,161,740.48. This trade represents a 1.58% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Neal Howard Strum also recently made the following trade(s):

• On Thursday, June 11th, Neal Howard Strum sold 2,007 shares of Public Policy stock. The stock was sold at an average price of $10.35, for a total value of $20,772.45.
• On Wednesday, June 10th, Neal Howard Strum sold 749 shares of Public Policy stock. The shares were sold at an average price of $10.19, for a total value of $7,632.31.

Public Policy Trading Down 2.9%

NASDAQ:PPHC opened at $10.64 on Thursday. Public Policy Holding Company, Inc. has a 12-month low of $7.01 and a 12-month high of $15.15. The firm has a market cap of $321.54 million and a PE ratio of 96.73. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 0.29. The stock has a fifty day moving average price of $9.40 and a 200 day moving average price of $11.35.

Public Policy (NASDAQ:PPHC) last issued its quarterly earnings results on Tuesday, June 30th. The company reported $0.34 earnings per share for the quarter. The company had revenue of $52.14 million for the quarter. Public Policy had a negative return on equity of 0.26% and a negative net margin of 18.85%. Sell-side analysts anticipate that Public Policy Holding Company, Inc. will post 0.5 earnings per share for the current fiscal year.

Key Stories Impacting Public Policy

Here are the key news stories impacting Public Policy this week:

• Positive Sentiment: Ancora Advisors initiated a position of 252,228 shares, worth approximately $1.9 million, during the second quarter. Analysts also remain mixed but generally constructive, with two Buy ratings, one Hold, one Sell, and a consensus price target of $17 versus recent trading levels. Public Policy analyst and institutional ownership information
• Neutral Sentiment: Reported short interest was zero shares as of August 25, unchanged from the prior report, with a days-to-cover ratio of zero. However, the accompanying percentage change was reported as “NaN,” suggesting the data may be incomplete and limiting its value as a market signal. PPHC short interest report
• Negative Sentiment: Five insiders sold a combined 8,829 shares for approximately $96,589 at an average price of $10.94. Sellers included the CFO, an EVP, a director, and two other insiders; each reduced their holdings by roughly 1.1% to 2.5%. While the sales were relatively small compared with their remaining positions, the concentration of insider selling can raise concerns about management confidence and contribute to near-term pressure on PPHC. PPHC insider sales report

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Public Policy stock. Ancora Advisors LLC acquired a new stake in Public Policy Holding Company, Inc. (NASDAQ:PPHC) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 252,228 shares of the company’s stock, valued at approximately $1,869,000. Ancora Advisors LLC owned about 0.83% of Public Policy as of its most recent filing with the Securities and Exchange Commission.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Canaccord Genuity Group reiterated a “buy” rating and issued a $18.00 price target on shares of Public Policy in a research note on Wednesday, July 8th. Weiss Ratings raised shares of Public Policy from a “sell (e-)” rating to a “sell (e)” rating in a research report on Wednesday, July 1st. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Public Policy presently has an average rating of “Hold” and a consensus price target of $17.00.

Public Policy Company Profile

Our mission is to become the preeminent provider of global strategic communications by uniting a diverse group of leading government relations, corporate communications and public affairs specialists around the world for the collective success of our clients, employees, and shareholders. Founded by veteran advisors with decades of experience in Washington, DC’s public policy and government relations landscape, we have grown and diversified our global communications advisory business through targeted acquisitions and organic growth.